NASDAQ:PETQ - PetIQ Stock Price, Price Target & More

$22.82 +0.29 (+1.29 %)
(As of 04/26/2018 04:00 PM ET)
Previous Close$22.82
Today's Range$22.40 - $22.94
52-Week Range$17.03 - $28.23
Volume102,631 shs
Average Volume334,587 shs
Market Capitalization$530.87 million
P/E Ratio58.51
Dividend YieldN/A
BetaN/A

About PetIQ (NASDAQ:PETQ)

PetIQ logoPetIQ, Inc. develops, manufactures, and distributes pet medications, and health and wellness products for dogs and cats in the United States, Canada, and Europe. It offers pet prescription medications, including products for arthritis, thyroid, and diabetes and pain treatments, as well as heartworm preventatives, antibiotics, and other specialty medications; over-the-counter medications and supplies, such as flea and tick control products in various forms comprising spot on treatments, chewables, and collars; and health and wellness products consisting of specialty treats and other pet products, which include dental treats and nutritional supplements. The company provides its products primarily under the VetIQ, PetAction Plus, Advecta, PetLock Plus, and TruProfen brands. It sells its products through distributors as well as through retail stores, including approximately 40,000 retail pharmacy locations. PetIQ, Inc. was founded in 2010 and is headquartered in Eagle, Idaho.

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Industry, Sector and Symbol

Industry Drugs, proprietaries, & sundries
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:PETQ
CUSIPN/A
Phone1-208-939-8900

Debt

Debt-to-Equity Ratio0.17%
Current Ratio5.99%
Quick Ratio3.56%

Price-To-Earnings

Trailing P/E Ratio58.51
Forward P/E Ratio28.89
P/E GrowthN/A

Sales & Book Value

Annual Sales$266.69 million
Price / Sales2.01
Cash Flow$0.4108 per share
Price / Cash55.55
Book Value$4.88 per share
Price / Book4.68

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees225
Outstanding Shares23,440,000

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PetIQ (NASDAQ:PETQ) Frequently Asked Questions

What is PetIQ's stock symbol?

PetIQ trades on the NASDAQ under the ticker symbol "PETQ."

How were PetIQ's earnings last quarter?

PetIQ (NASDAQ:PETQ) posted its earnings results on Tuesday, March, 13th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.14. The business earned $51.93 million during the quarter, compared to analysts' expectations of $51.63 million. View PetIQ's Earnings History.

What price target have analysts set for PETQ?

6 equities research analysts have issued 1 year price targets for PetIQ's stock. Their forecasts range from $26.00 to $31.00. On average, they anticipate PetIQ's share price to reach $28.20 in the next twelve months. View Analyst Ratings for PetIQ.

What are Wall Street analysts saying about PetIQ stock?

Here are some recent quotes from research analysts about PetIQ stock:
  • 1. According to Zacks Investment Research, "PetIQ, Inc. is a pet medication and wellness company. Its product consists of Rx Medications, OTC Medications and Supplies, Health and Wellness Products. The Company serves retail stores across the mass, club, grocery, pharmacy and e-commerce channels. PetIQ, Inc. is based in Eagle, United States. " (4/18/2018)
  • 2. Jefferies Group LLC analysts commented, "PETQ remains our favored small-cap growth idea with compelling upside (41% 12-mo. TSR) following its recent modeling call. Industry tailwinds still in place, though co. growth becomes heavily reliant on retail clinic expansion, which we expect to comprise >65% of profits by 2023. Recent pullback reflects soft 1Q/ digestion of deal and new" model will have to be proven; however, shares look attractive here at 15.5x EV/EBITDA (vs. 17.5x hist avg.) – PT to $31." (4/11/2018)

Who are some of PetIQ's key competitors?

Who are PetIQ's key executives?

PetIQ's management team includes the folowing people:
  • Mr. Mccord Christensen, Chairman of Directors & CEO (Age 46)
  • Mr. John Newland, CFO & Corp. Sec. (Age 54)

When did PetIQ IPO?

(PETQ) raised $86 million in an IPO on Friday, July 21st 2017. The company issued 5,700,000 shares at $14.00-$16.00 per share. Jefferies and William Blair served as the underwriters for the IPO and Oppenheimer, Raymond James and SunTrust Robinson Humphrey were co-managers.

Has PetIQ been receiving favorable news coverage?

News coverage about PETQ stock has been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PetIQ earned a media sentiment score of 0.13 on Accern's scale. They also gave media stories about the company an impact score of 47.06 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are PetIQ's major shareholders?

PetIQ's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include SANTANA WILL (8.20%), SANTANA WILL (8.20%) and PECORARO KENNETH (8.20%). Company insiders that own PetIQ stock include John Newland and Mccord Christensen. View Institutional Ownership Trends for PetIQ.

How do I buy shares of PetIQ?

Shares of PETQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is PetIQ's stock price today?

One share of PETQ stock can currently be purchased for approximately $22.82.

How big of a company is PetIQ?

PetIQ has a market capitalization of $530.87 million and generates $266.69 million in revenue each year. The company earns $-3,490,000.00 in net income (profit) each year or $0.39 on an earnings per share basis. PetIQ employs 225 workers across the globe.

How can I contact PetIQ?

PetIQ's mailing address is 500 E. SHORE DRIVE SUITE 120, EAGLE ID, 83616. The company can be reached via phone at 1-208-939-8900 or via email at [email protected]


MarketBeat Community Rating for PetIQ (PETQ)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  106 (Vote Underperform)
Total Votes:  207
MarketBeat's community ratings are surveys of what our community members think about PetIQ and other stocks. Vote "Outperform" if you believe PETQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PETQ will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

PetIQ (NASDAQ:PETQ) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
6 Wall Street analysts have issued ratings and price targets for PetIQ in the last 12 months. Their average twelve-month price target is $28.20, suggesting that the stock has a possible upside of 23.58%. The high price target for PETQ is $31.00 and the low price target for PETQ is $26.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.002.83
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $28.20$27.40$27.40$27.00
Price Target Upside: 23.58% upside28.22% upside28.22% upside18.06% upside

PetIQ (NASDAQ:PETQ) Consensus Price Target History

Price Target History for PetIQ (NASDAQ:PETQ)

PetIQ (NASDAQ:PETQ) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/11/2018Jefferies GroupReiterated RatingBuy$31.00LowView Rating Details
8/15/2017CIBCInitiated CoverageOutperform -> Outperform$28.00LowView Rating Details
8/15/2017Raymond JamesInitiated CoverageOutperform -> Outperform$26.00LowView Rating Details
8/15/2017OppenheimerInitiated CoverageOutperform$28.00LowView Rating Details
8/15/2017SunTrust BanksInitiated CoverageBuy -> Buy$28.00MediumView Rating Details
8/15/2017William BlairInitiated CoverageOutperform -> OutperformMediumView Rating Details
(Data available from 4/26/2016 forward)

Earnings

PetIQ (NASDAQ:PETQ) Earnings History and Estimates Chart

Earnings by Quarter for PetIQ (NASDAQ:PETQ)

PetIQ (NASDAQ:PETQ) Earnings Estimates

2018 EPS Consensus Estimate: $0.79
2019 EPS Consensus Estimate: $1.17
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20184$0.02$0.07$0.05
Q2 20184$0.33$0.42$0.37
Q3 20184$0.25$0.34$0.29
Q4 20184$0.06$0.10$0.08
Q1 20191$0.11$0.11$0.11
Q2 20191$0.51$0.51$0.51
Q3 20191$0.41$0.41$0.41
Q4 20191$0.14$0.14$0.14

PetIQ (NASDAQ PETQ) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2018Q4 2017$0.05$0.19$51.63 million$51.93 millionViewN/AView Earnings Details
11/6/2017Q3 2017$0.14$0.29$58.25 million$60.55 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

PetIQ (NASDAQ:PETQ) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

PetIQ (NASDAQ PETQ) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 45.26%
Institutional Ownership Percentage: 37.02%
Insider Trading History for PetIQ (NASDAQ:PETQ)
Institutional Ownership by Quarter for PetIQ (NASDAQ:PETQ)

PetIQ (NASDAQ PETQ) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/2/2018Mccord ChristensenCEOSell20,000$26.22$524,400.00View SEC Filing  
3/19/2018John NewlandCFOSell5,500$24.83$136,565.00View SEC Filing  
3/19/2018Mccord ChristensenCEOSell40,000$24.92$996,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

PetIQ (NASDAQ PETQ) News Headlines

Source:
DateHeadline
Financial Review: PetIQ (PETQ) & Cardinal Health (CAH)Financial Review: PetIQ (PETQ) & Cardinal Health (CAH)
www.americanbankingnews.com - April 26 at 11:35 AM
PetIQ (PETQ) Expected to Post Quarterly Sales of $108.54 MillionPetIQ (PETQ) Expected to Post Quarterly Sales of $108.54 Million
www.americanbankingnews.com - April 23 at 2:11 AM
Reviewing PetIQ (PETQ) and AmerisourceBergen (ABC)Reviewing PetIQ (PETQ) and AmerisourceBergen (ABC)
www.americanbankingnews.com - April 22 at 11:24 PM
PetIQ (PETQ) Receives Average Recommendation of "Buy" from AnalystsPetIQ (PETQ) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 22 at 1:20 PM
Zacks: Analysts Anticipate PetIQ (PETQ) to Post $0.05 EPSZacks: Analysts Anticipate PetIQ (PETQ) to Post $0.05 EPS
www.americanbankingnews.com - April 21 at 9:08 PM
PetIQ (PETQ) Rating Increased to Hold at Zacks Investment ResearchPetIQ (PETQ) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 10:05 AM
Jefferies Group Analysts Cut Earnings Estimates for PetIQ (PETQ)Jefferies Group Analysts Cut Earnings Estimates for PetIQ (PETQ)
www.americanbankingnews.com - April 16 at 1:17 AM
Q2 2018 EPS Estimates for PetIQ (PETQ) Lifted by Jefferies GroupQ2 2018 EPS Estimates for PetIQ (PETQ) Lifted by Jefferies Group
www.americanbankingnews.com - April 13 at 8:43 AM
PetIQ (PETQ) Receives Buy Rating from Jefferies GroupPetIQ (PETQ) Receives Buy Rating from Jefferies Group
www.americanbankingnews.com - April 11 at 5:35 PM
PetIQ (PETQ) Lowered to "Hold" at BidaskClubPetIQ (PETQ) Lowered to "Hold" at BidaskClub
www.americanbankingnews.com - April 6 at 10:46 AM
PetIQ (PETQ) Downgraded by Zacks Investment Research to Strong SellPetIQ (PETQ) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - April 6 at 9:36 AM
PetIQ (PETQ) Expected to Earn Q1 2018 Earnings of $0.05 Per SharePetIQ (PETQ) Expected to Earn Q1 2018 Earnings of $0.05 Per Share
www.americanbankingnews.com - April 6 at 6:23 AM
 Brokerages Expect PetIQ (PETQ) Will Announce Quarterly Sales of $109.98 Million Brokerages Expect PetIQ (PETQ) Will Announce Quarterly Sales of $109.98 Million
www.americanbankingnews.com - April 6 at 1:58 AM
Q1 2018 Earnings Estimate for PetIQ Issued By SunTrust Banks (PETQ)Q1 2018 Earnings Estimate for PetIQ Issued By SunTrust Banks (PETQ)
www.americanbankingnews.com - April 5 at 8:25 AM
William Blair Weighs in on PetIQs Q1 2018 Earnings (PETQ)William Blair Weighs in on PetIQ's Q1 2018 Earnings (PETQ)
www.americanbankingnews.com - April 5 at 7:22 AM
$0.24 EPS Expected for PetIQ (PETQ) This Quarter$0.24 EPS Expected for PetIQ (PETQ) This Quarter
www.americanbankingnews.com - April 4 at 11:12 PM
PetIQ (PETQ) CEO Mccord Christensen Sells 20,000 SharesPetIQ (PETQ) CEO Mccord Christensen Sells 20,000 Shares
www.americanbankingnews.com - April 4 at 10:56 PM
Q2 2018 EPS Estimates for PetIQ (PETQ) Boosted by AnalystQ2 2018 EPS Estimates for PetIQ (PETQ) Boosted by Analyst
www.americanbankingnews.com - April 4 at 6:26 AM
Q3 2018 EPS Estimates for PetIQ Lifted by William Blair (PETQ)Q3 2018 EPS Estimates for PetIQ Lifted by William Blair (PETQ)
www.americanbankingnews.com - April 4 at 6:26 AM
PetIQ reiterates 2018 guidance after takeover of Community Vet ClinicsPetIQ reiterates 2018 guidance after takeover of Community Vet Clinics
seekingalpha.com - April 3 at 10:05 AM
PetIQ (PETQ) Given Consensus Recommendation of "Buy" by AnalystsPetIQ (PETQ) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - March 28 at 1:10 PM
PetIQ, Inc. to Release Pro Forma Financial Results for the Acquisition of VIP Petcare on Monday, April 2ndPetIQ, Inc. to Release Pro Forma Financial Results for the Acquisition of VIP Petcare on Monday, April 2nd
finance.yahoo.com - March 27 at 10:13 AM
PetIQ (PETQ) Cut to Hold at Zacks Investment ResearchPetIQ (PETQ) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - March 27 at 10:06 AM
PetIQ (PETQ) Lifted to Buy at BidaskClubPetIQ (PETQ) Lifted to Buy at BidaskClub
www.americanbankingnews.com - March 26 at 11:30 PM
PetIQ (PETQ) Upgraded to Buy at BidaskClubPetIQ (PETQ) Upgraded to Buy at BidaskClub
www.americanbankingnews.com - March 21 at 11:48 PM
PetIQ Inc (PETQ) CEO Sells $996,800.00 in StockPetIQ Inc (PETQ) CEO Sells $996,800.00 in Stock
www.americanbankingnews.com - March 21 at 10:10 PM
John Newland Sells 5,500 Shares of PetIQ Inc (PETQ) StockJohn Newland Sells 5,500 Shares of PetIQ Inc (PETQ) Stock
www.americanbankingnews.com - March 21 at 10:10 PM
PetIQ, Inc. Expands Its Board of DirectorsPetIQ, Inc. Expands Its Board of Directors
finance.yahoo.com - March 19 at 4:08 PM
Zacks: Brokerages Expect PetIQ Inc (PETQ) Will Announce Earnings of $0.24 Per ShareZacks: Brokerages Expect PetIQ Inc (PETQ) Will Announce Earnings of $0.24 Per Share
www.americanbankingnews.com - March 18 at 9:12 PM
PetIQ (PETQ) Upgraded by Zacks Investment Research to "Buy"PetIQ (PETQ) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - March 17 at 12:05 PM
PetIQ Inc Forecasted to Post FY2019 Earnings of $1.19 Per Share (PETQ)PetIQ Inc Forecasted to Post FY2019 Earnings of $1.19 Per Share (PETQ)
www.americanbankingnews.com - March 16 at 2:20 PM
PetIQ Inc (PETQ) Forecasted to Earn Q1 2018 Earnings of $0.29 Per SharePetIQ Inc (PETQ) Forecasted to Earn Q1 2018 Earnings of $0.29 Per Share
www.americanbankingnews.com - March 16 at 8:12 AM
SunTrust Banks Weighs in on PetIQ Incs Q1 2018 Earnings (PETQ)SunTrust Banks Weighs in on PetIQ Inc's Q1 2018 Earnings (PETQ)
www.americanbankingnews.com - March 16 at 8:12 AM
Jefferies Group Comments on PetIQ Incs Q2 2018 Earnings (PETQ)Jefferies Group Comments on PetIQ Inc's Q2 2018 Earnings (PETQ)
www.americanbankingnews.com - March 15 at 7:54 AM
Research Analysts Offer Predictions for PetIQ Incs Q2 2018 Earnings (PETQ)Research Analysts Offer Predictions for PetIQ Inc's Q2 2018 Earnings (PETQ)
www.americanbankingnews.com - March 15 at 7:36 AM
PetIQ Inc to Post Q1 2018 Earnings of $0.24 Per Share, William Blair Forecasts (PETQ)PetIQ Inc to Post Q1 2018 Earnings of $0.24 Per Share, William Blair Forecasts (PETQ)
www.americanbankingnews.com - March 15 at 6:44 AM
PetIQ, Inc. Reports Fourth Quarter and Full Year 2017 Financial ResultsPetIQ, Inc. Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - March 13 at 6:04 PM
PetIQ reports 4Q lossPetIQ reports 4Q loss
finance.yahoo.com - March 13 at 6:04 PM
PetIQ, Inc. Announces the Expansion of its Veterinary Services Offering in the Mass Retail ChannelPetIQ, Inc. Announces the Expansion of its Veterinary Services Offering in the Mass Retail Channel
finance.yahoo.com - March 13 at 6:04 PM
PetIQ Inc (PETQ) Given Consensus Rating of "Buy" by AnalystsPetIQ Inc (PETQ) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - March 3 at 4:34 PM
PetIQ Inc (PETQ) Expected to Post Quarterly Sales of $51.63 MillionPetIQ Inc (PETQ) Expected to Post Quarterly Sales of $51.63 Million
www.americanbankingnews.com - March 3 at 3:56 AM
Cooper Creek Partners Management LLC Buys 241,292 Shares of PetIQ Inc (PETQ)Cooper Creek Partners Management LLC Buys 241,292 Shares of PetIQ Inc (PETQ)
www.americanbankingnews.com - March 1 at 5:11 PM
Spark Investment Management LLC Buys 14,300 Shares of PetIQ Inc (PETQ)Spark Investment Management LLC Buys 14,300 Shares of PetIQ Inc (PETQ)
www.americanbankingnews.com - February 28 at 5:45 PM
Eagle Asset Management Inc. Acquires Shares of 92,533 PetIQ Inc (PETQ)Eagle Asset Management Inc. Acquires Shares of 92,533 PetIQ Inc (PETQ)
www.americanbankingnews.com - February 26 at 11:52 AM
PetIQ, Inc. to Report Fourth Quarter and Fiscal 2017 Results on Tuesday, March 13thPetIQ, Inc. to Report Fourth Quarter and Fiscal 2017 Results on Tuesday, March 13th
finance.yahoo.com - February 26 at 9:38 AM
JW Asset Management LLC Increases Holdings in PetIQ Inc (PETQ)JW Asset Management LLC Increases Holdings in PetIQ Inc (PETQ)
www.americanbankingnews.com - February 26 at 8:52 AM
PetIQ (PETQ) Downgraded by BidaskClub to "Hold"PetIQ (PETQ) Downgraded by BidaskClub to "Hold"
www.americanbankingnews.com - February 18 at 2:16 PM
PetIQ Inc (PETQ) Expected to Post Quarterly Sales of $52.07 MillionPetIQ Inc (PETQ) Expected to Post Quarterly Sales of $52.07 Million
www.americanbankingnews.com - February 15 at 6:58 AM
PetIQ Inc (PETQ) Given Average Rating of "Buy" by AnalystsPetIQ Inc (PETQ) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - February 6 at 3:48 PM
$0.07 Earnings Per Share Expected for PetIQ Inc (PETQ) This Quarter$0.07 Earnings Per Share Expected for PetIQ Inc (PETQ) This Quarter
www.americanbankingnews.com - January 27 at 3:32 AM

SEC Filings

PetIQ (NASDAQ:PETQ) SEC Filings

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Social Media

Financials

PetIQ (NASDAQ:PETQ) Income Statement, Balance Sheet and Cash Flow Statement

Chart

PetIQ (NASDAQ PETQ) Stock Chart for Thursday, April, 26, 2018

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This page was last updated on 4/26/2018 by MarketBeat.com Staff

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